On March 25th, Cathie Wood's ARK Fund made significant moves in the market, including large purchases of Tesla and Roblox shares, while selling a large number of Coinbase and DraftKings shares.

The biggest deal of the day was ARK's purchase of 163,421 shares of Tesla, worth approximately $27.92 million. This move demonstrates ARK's continued confidence in the electric car giant, which has long been a hallmark company in its investment strategy.In the gaming industry, ARK purchased 740,115 shares of Roblox, with a total value of approximately $27.58 million. Roblox's unique platform allows users to create and play games, making it increasingly popular, and ARK's investment may be a bet on the company's continued expansion.

In terms of selling, ARK sold Robinhood Markets shares worth approximately $30 million. This sale may indicate a change in ARK's outlook on the online brokerage platform, which has suffered a series of setbacks in recent months.

DraftKings is also on ARK's sell list, with a total of 267,633 shares of DraftKings sold for a total of $12.63 million. This online sports betting company has been part of ARK's portfolio, but this sale may indicate a change in ARK's assessment of the company's prospects, or simply a rebalancing of assets.

Coinbase was another significant sale, with ARK selling 74,291 shares of Coinbase for $18.98 million. Considering the volatility of the cryptocurrency market, this move may be interpreted as ARK taking a more conservative approach towards the cryptocurrency trading platform.

ARK also purchased shares of Iridium Communications, Kratos Defense & Security Solutions, and Moderna, paying $2.32 million, $0.3 million, and $1.36 million, respectively. These investments involve the communications, defense, and biotechnology industries, demonstrating ARK's diverse approach to innovation-focused investments.

Investors tracking ARK's transactions can see that its strategy remains focused on disruptive innovation, while also responding to market trends and company performance.